在澳大利亚 Hi Guys, Ive found a property that has mentioned two payments coming up of $1400 to apparently top up the admin fund and 2 have just been paid. Im looking at a financial statement (basically a balance sheet) for the strata and its all a bit Hi all, I currently have a PPOR and 10K cash in the bank which I plan to use as a deposit for a IP early next year. Is it possible for me to place this into my PPOR loan and then redraw the 10K when Im ready for the IP and then claim the int
Well folks, I have been up at my Maryborough IP doing a fair bit of hard yakka but it's paid off. My tenants moved out on the weekend so I managed to get a week's work (with my normal job) on afternoon shift up in Maryborough so this left my days free to do work on the house. I took up a ute full of paint, tools, water blaster etc. and my swag. Cleaned it up as you will see here
![[IMG]](proxy.php?image=http%3A%2F%2Fwww.somersoft.com%2Fforums%2Fphotopost%2Fdata%2F514%2F1557Maryborough_IP-med.jpg&hash=80160aa5e2184351ea0566df5898acf4)
All that's left to do now is the colourbond guttering going up next week. The good news is that the REA reckons it's already worth about 25k more than I bought it for last month AND, just signed a tenant up to move in on Monday for $25 per week more than the previous tenant. A VERY rewarding couple of weekends work.
Certainly looks different to the before shot here.
![[IMG]](proxy.php?image=http%3A%2F%2Fwww.somersoft.com%2Fforums%2Fphotopost%2Fdata%2F514%2F1557Side.jpg&hash=f930a37c5819ff8898de5d8b028e3807)
JIM
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nice one!
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What a transformation Jim, amazing what a little elbow grease can do.
Well done

Ruby
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MAGNIFICENT!!
Great work!!!
Now reval, pull the equity and do it all again! hehehe
asy

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Great stuff JIM,
btw your quote is from the Australian comedian MO and was his philosophy of life; "Bite of more than you can chew then chew like buggery!". I have lived this way for most of my life; hey, it works for me

cheers, MC
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Thanks guys, the support and knowledge pool of this forum is fantastic and it is such a valuable tool to know that if you come across a problem or dilemma, there is SOMEONE at Somersoft World who can help out.
JIM
PS. Still haven't worked out how to put the photo in the post instead of a link.